Around the World: Chile

Pinera wins presidency

Billionaire Sebastian Pinera was elected Chile's president on Sunday in a political shift to the right after 20 years of leftist rule and will try to build on policies that made the economy Latin America's most stable.

Pinera won almost 52 percent of Sunday's run-off vote, the first time the right has wrested power from the center-left since General Augusto Pinochet's 1973-1990 dictatorship ended.